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Prime Multi-Unit Development Opportunity - Fully Severed, Approved, & Ready for Building Permits!ATTENTION BUILDERS & INVESTORS: Offered at $800K Per Lot ($1.6M Total for Both Severed Lots). Option to purchase 98 Pitt Ave or 98A Pitt Ave as individual lot, or acquire both lots as a complete turnkey package.Prime candidate for multi-unit redevelopment, ideal for a 4-plex plus! Bypass a full year of municipal delays and start building immediately. All the heavy lifting, planning red tape, and upfront capital investment have already been meticulously handled for you at 98 & 98A Pitt Avenue. Save over 1 year of waiting period for severance and other permits: this exceptional property comes completely ready for construction, featuring a fully completed lot severance (creating two distinct buildable lots) and Committee of Adjustment approval already secured. Skip the lengthy administrative cycle-the Zoning Certificate is locked in, Urban Forestry clearance is complete, the tree damage deposit is paid in full, and required tree protection fencing is already installed on-site. Additionally, the heavy financial and creative investment is completely done-fully paid, professional architectural designs (around $26,000 value) for both 98 and 98A are included and ready to go.There is no more waiting on planning committees, forestry reviews, or design drafts. A full year of time and effort is already banked for you. The path forward is crystal clear: simply submit the complete, ready-to-go architectural plans to pull your building permits and break ground. Single Lot Purchase: Ideal for custom home builders or end-users looking for a pre-approved single-lot build. Package Purchase (Both Lots): Perfect for multi-residential developers looking to maximize site yield and profitability.An unmissable opportunity to skip the queue and fast-track straight to project execution!
| Living Room | 4.57 × 3.05 m | Combined w/Dining |
| Dining Room | 4.57 × 3.05 m | Combined w/Living |
| Kitchen | 2.13 × 2.44 m | W/O To Terrace |
| Primary Bedroom | 4.27 × 3.66 m | Parquet |
| Bedroom 2 | 3.66 × 3.05 m | Parquet |
| Bedroom 3 | 3.05 × 3.05 m | Parquet |
| Sitting | 2.44 × 2.13 m | |
| Kitchen | 2.74 × 1.83 m | |
| Bedroom 4 | 3.66 × 3.05 m | |
| Bedroom 5 | 3.05 × 2.44 m | |
| Bedroom | 3.05 × 2.13 m |
*Estimates based on comparable rentals in the area. Actual income may vary.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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